Insteel Industries, Inc. posts increased Q3 earningsInsteel Industries, Inc. (Nasdaq: IIIN) posted third-quarter net earnings of $8.3 million, or $0.45 per share, compared with $7.8 million, or $0.43 per share, in the same period of last year. Wall Street analysts were expecting EPS of $0.39. The Mount Airy, N.C.-based company reported that earnings from continuing operations fell to $13 million, from $14.4 million a year earlier. The steel wire products manufacturer said third-quarter sales were $78.9 million, down from $91.6 million in third quarter 2006. spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer spacer
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